Some retailers in developing countries sell products from developed countries with high wages, but assure customers that
Question:
Some retailers in developing countries sell products from developed countries with high wages, but assure customers that these goods are produced under high standards of quality. Is demanding that kind of guarantee the same as applying a subsidy on exports? Is there any way it can benefit consumers overseas?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
Demanding a guarantee of highquality standards for products from developed countries in developing countries is not the same as applying a subsidy on ...View the full answer
Answered By
Nyron Beeput
I am an active educator and professional tutor with substantial experience in Biology and General Science. The past two years I have been tutoring online intensively with high school and college students. I have been teaching for four years and this experience has helped me to hone skills such as patience, dedication and flexibility. I work at the pace of my students and ensure that they understand.
My method of using real life examples that my students can relate to has helped them grasp concepts more readily. I also help students learn how to apply their knowledge and they appreciate that very much.
4.00+
1+ Reviews
10+ Question Solved
Related Book For
International Economics Theory And Policy
ISBN: 9781292409719
12th Edition
Authors: Paul Krugman , Maurice Obstfeld, Marc Melitz
Question Posted:
Students also viewed these Business questions
-
Some retailers in advanced countries sell products from developing countries with low wages but assure customers that these goods are produced under tolerable working conditions. Is demanding that...
-
Case Study 2 (questions at the end of the document) By Colleen Haight Summer 2011, Stanford Social Innovation Review, Informing and Inspiring leaders of social change Jesus Lopez Hernandez picks ripe...
-
Introduction In 2010, New United Motor Manufacturing, Inc., a unique and highly successful joint venture between Americas General Motors and Japans Toyota, went out of business. NUMMI, as the...
-
1. Consider the following problem: Suppose that the interest rate in this year is 5% and all investors expect that interest rates for the next 3 years will be as follows: Year 1 2 3 Forward Interest...
-
On July 22, 2016, Lilac Corporation purchased 25% of the Coffee Corporation stock outstanding. Lilac Corporation purchased an additional 40% of the stock in Coffee on March 24, 2017, and an...
-
In Exercises, find the indefinite integral. x x + 3 dx
-
Attitudes toward products or companies often affect consumer behavior. The three components of an attitude are cognitive, affective, and behavioral. Briefly describe how a beer company might alter...
-
Refer to the financial statements of Campbell Soup Company in Appendix A. Required: a. Compute Year 10 cost of goods sold and gross profit under the FIFO method. (At the end of Year 9, LIFO inventory...
-
15. Find the derivative of the function g(x)=fdz. (a); (b); (c) In(24 + 1); (d) -In |24 + 11.
-
Explain how each of the following transactions generates two entriesa credit and a debitin the Japanese balance of payments accounts, and describe how each entry would be classified: a. A Japanese...
-
Many European policy analysts criticize the European Union and its member states for heavily subsidizing basic research. Instead, they say that applied research should be encouraged to generate...
-
EXERCISE: Choose two restaurants with substantially different operations strategies. For each restaurant, discuss its competitive priorities-what is most important to it. Allocate 100 points across...
-
post 1 ) I've always been an Apple customer, at first it was what everyone else was buying so at that point in life just wanted to go with the trend. Once I started it was hard to stop. I pod...
-
1. Marathon Gyms Sdn. Bhd. (Marathon) is a private, unlisted company which operates around 30 gyms in Malaysia. It has a small team of staff at its head office and the rest of its staff are based in...
-
1. Do you agree with Mr. Butler's estimate that he will need up to $465,000 in 1991? How much will he need to borrow to finance his expected expansion in sales in 1991 (assume sales volume hits $3.6...
-
Shea Furniture started and finished Job 310 during June . The company's records show that the following direct materials were requisitioned for Job 310 : Lumber: 46 units at $9 per unit Padding: 16...
-
Explain in detail what managers do to increase the value of their company. (From examples) 2. Explain the processes of financial analysis and planning. (From examples) 2. 3. Determine and discuss...
-
Eagle Electronics must expand by building a second facility. The search has been narrowed down to locating the new facility in one of four cities: Atlanta (A), Baltimore (B), Chicago (C), or Dallas...
-
1-Stern observed all of the following results EXCEPT _______ in his experiment. A-one of the recombinant phenotypes was associated with an X chromosome of normal length B-the number of car, B+ male...
-
In this chapter you have been introduced to marginal benefit, marginal utility, marginal revenue, social marginal benefit, marginal cost, and social marginal cost. To what specifically does each term...
-
Companies sometimes provide funds to colleges and universities for buildings or stadiums. Do you think this is done because of a civic motivation or is it a marketing tool?
-
In a proprietorship, the owner is often the manager, but in a corporation the owners are often different from the managers. What advantages and disadvantages might there be in having a separation of...
-
1.Kathy Morris owns a small decorating business called Premium Decorating. A partiallycompleted worksheet for Premium Decorating and additional information follow directly.Additional Information1....
-
If compliance with the continuing education requirement is by self-attestation, proof of participation in required continuing education is the responsibility of the licensee. To ensure that proof of...
-
Sort the following into asset, liability and stockholder equity Interest expense. . . . . . . . Accounts receivable. . . . . Asset Land. . . . . . . . . . . . . . . . . . Advertising expense. . . . ....
Study smarter with the SolutionInn App